Expanding Opportunities: Introducing the “Private Sale Pass” for Tier-2 and Tier-3 holders.
At Oxbull, we’re constantly seeking ways to enhance the investment experience for our community. We’re excited to announce a significant update to our Private Sale structure, originally an exclusive opportunity for Tier 1 investors. Now Tier 2 and Tier 3 investors will be able to join in on the fun through our innovative “Private Sale Pass”.
What does Private Sale Pass bring for the investors?
For Tier 2 Investors:
Holders of a Private Sale Pass enables access to Oxbull’s Private Sale that were previously exclusive to Tier 1 investors. Allocations will be in accordance to your OXB holdings staked.
For Tier 3 Investors:
Holders of a Private Sale pass qualifies for a raffle spot on the Oxbull Private Sale whitelist.
How to obtain a Private Sale Pass?
The “Private Sale Pass” can be obtained simply by staking the following for 365 days:
- 1000–4000 OXB (as per Tier- 2 requirements), OR
- Mininum 50 OXB (as per Tier -3 requirements)
Staking will still provide a 10% APY.
For existing Tier holders, there is no need to acquire new OXB for this step.
During this period, there shall be no unstake option available apart from an immediate withdraw option which will incur a 50% penalty on the total amount of tokens staked.
The “Private Sale Pass” will only be valid for 365 days. In addition to the usual eligibilities of each tiers, holders of the pass will also be eligible to participate in Private Sales held via Oxbull.
The pass will expire after 365 days. Investors can either choose to renew the “Private Sale Pass” or unstake. Unstaking will carry the usual 30 day waiting period.
Tier benefits and differences at a glance
Special Note for Tier 3 Investors:
For our Tier — 3 investors, it is key to understand the specific process associated with the Private Sale Pass. Obtaining a Tier 3 Private Sale Pass and completing all SPRINT QUESTS grants you entry into a raffle for a spot on the Oxbull Private Sale whitelist ONLY and DOES NOT guarantee a whitelist spot.
- Winner Announcement: The winners of the raffle will be announced 30 minutes prior to the start of the Private Sale on Oxbull Official TG Announcement Channel.
- First-Come, First-Served (FCFS) Basis: Once winners are announced, participation in the Private Sale is on a first-come, first-served basis, so prompt action is essential.
Obtaining a Private Sale Pass
For existing Oxbull Tier — 2 and Tier — 3 investors, you do not need to unstake. Simply get the Private Sale Pass by clicking ‘Get Tier 2/ 3 Private Sale Pass Now’ on https://oxbull.tech/app/private-sale-pass
After confirming transaction, the Private Sale Pass will be activated.
For new investors, the Private Sale Pass can be obtained via:
- Go to https://oxbull.tech/app/private-sale-pass to buy and stake OXB.
2. After staking successfully, click ‘Get Tier 2/ 3 Private Sale Pass Now’ and confirm the necessary transaction.
3. After confirming transaction, the Private Sale Pass will be activated.
IMPORTANT NOTES: Qualification of all Tiers will require STAKING. In the event where an Investor who has not Staked but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.
Staked holdings are required to be maintained until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed. No IDO Tokens will be provided and No Refunds will be made.
Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.
Disclaimer
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Information is accurate at time of writing and can be subject to change.
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